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Republic Services shareholder Cascade Investment buys 3.76 million shares
By Lisa Kerner
Charlotte, N.C., Jan. 15 - Cascade Investment, LLC bought 3,760,100 shares of Republic Services, Inc. common stock between Dec. 29 and Jan. 12 for a total of $94.18 million, according to a schedule 13D/A filed with the Securities and Exchange Commission on Thursday.
The shares were priced from $22.9796 to $25.8386 each, the filing said.
Cascade beneficially owns 38,633,936 shares, or 10.2%, of the Fort Lauderdale, Fla., company.
Republic Services provides environmental services, including solid waste collection, transfer and disposal services.
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